When I graduated from Northwestern over 3 1/2 years ago, I had about $36,000 of debt from school loans. That's a lot of money. However, I have just made the final call to Wells Fargo to have paid off my entire school debt!! It feels really good to be able to say that I do not owe any money anywhere. We are fortunate in that act.
And as of February 25, 2010 - we are debt free!!
I had initially tried to pay off my loans online, but for some reason Wells Fargo won't allow you to pay off the loan completely. So I paid off everything except for $1.20. Then I had to call Wells Fargo (on Skype, of course), and the nice lady said that Wells Fargo would write off the last $1.20 - I wouldn't even have to pay that off myself. Very magnanimous of them.
Some people feel a heavy weight lifted off of them when loans are paid off. I'm not sure I feel a heavy weight lifted off. But I do feel a lot richer. I'm not - but I feel as if I now have all this money that can be spent on things like e-readers and exotic vacations. I'm sure it'll wear off eventually.
But instead of spending lots of money on frivolous things, we will probably start putting some of that money into a college savings fund for Eva. I mean, might as well start saving now. Its either pay now or pay later!
No comments:
Post a Comment